XAUUSD continues its downtrend
Updated
Because the difference is too high, the buying and selling of gold bars on the market in recent days has been very slow. Gold holders wait for opportunities to sell to realize profits rather than buying.
According to experts, world gold prices fell to a three-month low due to strong sell-off due to news about interest rates. The US Federal Reserve's (Fed) interest rate hike cycle is forecast to not end due to pressure from inflation.
According to experts, world gold prices fell to a three-month low due to strong sell-off due to news about interest rates. The US Federal Reserve's (Fed) interest rate hike cycle is forecast to not end due to pressure from inflation.
Comment
XAUUSD BUY 1915 - 1917 TP: 1922
SL: 1910
Comment
Gold had a hard fall. Will it return to 1920?Comment
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.